Associate Accountant
Salary

Pay for Associate Accountants in the United States sits in the ballpark of $45K annually. Residence is the biggest factor affecting pay for this group, followed by tenure. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Women make up a slight majority of Associate Accountants (54 percent) survey respondents. Work is enjoyable for Associate Accountants, who typically claim high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

Find Out Exactly What You Should Be Paid

Job Description for Associate Accountant

An associate accountant is primarily responsible for managing the accounts payable processes of the company, including payments on vendor invoices, audits and requests for funds from other departments of the company, and recordkeeping pertaining to accounts; these records can include reconciliation of accounts, journal entries, receipts, and lockbox logs. Additionally, associate accountants review reports from other employees to ensure that they are accurate and complete. Associate accountants generally work full time in an office environment and are not required to travel. Associate accountants often report directly to a general accountant, and they may be required to perform additional tasks as requested by the general accountant or other managers.

Applicants for associate accountant positions must have a minimum of a bachelor's degree in accounting, finance, or a related field, and they must have at least two years of relevant experience. They must be proficient in basic computer programs such as the Microsoft Office suite. Knowledge of Lawson Financials and expense management systems is generally preferred, but not required. Associate accountants are expected to work as part of a team, and strong written and verbal communication skills are required. The ability to take orders from management and complete them with minimal supervision is also required. Applicants must be self-motivated, accurate, and attentive to details, with the ability to work on several projects simultaneously.

Associate Accountant Tasks

Maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.

Maintain general ledger as needed.

Analyze financial data in order to prepare financial reports.

Generate and interpret financial records and statements for management.

Common Career Paths for Associate Accountant

Plan your career path. Drag job titles to investigate a particular path and click on a link to see where particular career can lead.

For Associate Accountants, progressing to a Senior Financial Analyst role may result in a significant raise. On average, a Senior Financial Analyst can earn $75K annually. A Senior Accountant role is the most common promotion for Associate Accountants moving up the ladder, and pay for the position tends to be around the $59K mark. Another typical, albeit less common, transition for Associate Accountants is a Staff Accountant position, where earnings are usually $43K.

Assistant Accountant Job Listings

Search for more jobs:

Job Title/Company

Location

Popular Skills for Associate Accountant

This chart shows the most popular skills for this job and what effect each skill has on pay.

Survey results imply that Associate Accountants put a diverse skill set to use. Most notably, facility with Auditing, Financial Reporting, and Accounting are correlated to pay that is significantly above average, leading to increases of 20 percent, 15 percent, and 8 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Accounts Receivable and Accounts Payable. Most people experienced in Accounts Payable also know Accounts Receivable.

Pay by Experience Level for Associate Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Relatively untried employees who have fewer than five years of experience earn around $44K on average. People who have worked for five to 10 years can expect a higher median salary of $45K. Associate Accountants claiming one to two decades of experience make an estimated median of $48K. Associate Accountants who claim more than two decades of experience actually make somewhat smaller average paychecks of $47K.